700 jobs at risk as 1car1 look set to go bust
More than 700 jobs are at risk as Britain’s largest independent car and van hire firm looks set to go into receivership, the Sun reports.
The Leeds-based firm 1Car1 told staff in a memo, ‘We cannot guarantee salaries will be paid as normal at the end of the month.
Adding, ‘We are working closely with the proposed administrators to find the best solution’, while blaming a ‘change in lending policy’ by two of its banks.
No-one at the firm was able to comment.
See also:
- Green Motion introduces Pay On Arrival
April 2, 2012 - Europcar launches new hourly-charge vehicle rental service
January 25, 2012 - Automotive charity launches free recruitment service
January 23, 2012 - Car rentals and business: can the two really go hand-in-hand?
June 27, 2011 - SMEs warned of ‘challenging’ year ahead
December 30, 2010 - 31% rise in online car hire searches
March 24, 2010 - Government moves to secure Vauxhall jobs
September 16, 2009 - Arnold Clark creates 700 new jobs
August 21, 2009 - Sixt partners with hrs
July 1, 2009 - Europcar’s top car hire tips
July 1, 2009
No comments yet
